The Australian dollar gains 0.61% within 0.67 to 0.67 daily range

Published: March 19 2023, 13:26 GMT+0

The Australian dollar gains 0.61% within 0.67 to 0.67 daily range

A quick look at Friday: AUD/USD rose 42 pips to close at 0.67 Friday which makes for a move of 0.61%.

Meanwhile, USD/JPY drops 1.33% Friday and closed at 133.59. After ending Friday's session at 1.3456, USD/SGD lost 59 pips and is trading around 1.3397. EUR/NZD falls 0.75% Friday and closed at 1.7137.

The market is looking forward to the release of new data: Australia RBA Assist Gov Kent speech is scheduled today at 22:10 UTC.

The currency pair has been trending lower for about 28 days. The Australian dollar is now trading 7.15% away from its significant low of 0.6213 first tested 5 months ago.

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